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Myra owns a house which she advertises for sale for $400,000. On May
Nico offers Myra $380,000 for the house. On May 5 Myra has brought to Nico at his office a form that includes additional terms but doesn't state a price. At 9 A.M. on May 6, Nico signs the form as well as gives it to Odell his administrative assistant, with instructions to mail it. At 10 A.M., Myra calls to tell Nico that the deal is off. The next day Odell mails the signed form to Myra. When she declines to sell the house to Nico he files a suit against her alleging breach of contract. Myra privileges that there was no contract. What are arguments secondary each party's position? What is the court probable to rule? Explain.

Business Management, Management Studies

  • Category:- Business Management
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